Please find enclosed

Blue Star Limited Band Box House, 4th Floor, 254 D, Dr Annie Besant Road, Worli, Mumbai 400 030, India. T : +91 22 6654 4000 E : secretarialdesk@bluestarindia.com www.bluestarindia.com October 30, 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 500067 NSE Symbol: BLUESTARCO Dear Sir/Madam, Sub: Investors’ Presentation for the Second Quarter and Half Year ended on September 30, 2026 We refer to our letter dated October 30, 2026, wherein we had submitted Investors’ Presentation for the Second Quarter and Half Year ended on September 30, 2026. As there was a typographical error on page No. 9 of the said presentation, the revised presentation is enclosed herewith. This intimation is also being made available on the website of the Company at www.bluestarindia.com Kindly take the same on record. Thanking you, Yours faithfully, For Blue Star Limited Rajesh Parte Company Secretary & Compliance Officer Encl.: a/a Z:\(01) Blue Star Limited\2026-27\Stock Exchange Compliances\Reg 30 - Information & Updates\4. Investor Presentation\Q2FY27\InvestorpresentationtoSE.doc Registered Office: Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai 400 020, India. T: +91 22 6665 4000 CIN: L 28920MH1949PLC 006870 Investor Presentation Q2FY27 & H1FY27 Consolidated results for the quarter ended 30 September 2026 Forward Looking Statement Certain statements in this presentation regarding our business operations may constitute forward- looking statements. These include all statements other than statements of historical facts, including those regarding the financial position, business strategy, management plans and objectives for future operations. Forward-looking statements can be identified by words such as ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘intends,’ ‘may,’ ‘will,’ ‘plans,’ ‘outlook,’ and other words of similar meaning in connection with a discussion of future operational or financial performance. Forward-looking statements are necessarily dependent on assumptions, data or methods that may be incorrect or imprecise and that may be incapable of being realized, and as such, are not intended to be a guarantee of future results, but constitute our current expectations based on reasonable assumptions. Actual results could differ materially from those projected in any forward looking statements due to various events, risks, uncertainties and other factors. We neither assume any obligation nor intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Vision, Credo and The Blue Star Way The Blue Star Way VISION “To dream, to strive, to care, CUSTOMER FIRST and above all, to be the best in We place our customers at the center of every decision, action and interaction. everything we do.” INTEGRITY IN ACTION We do what is right, guided by accountability and transparency. WIN HEARTS AND MINDS We build meaningful relationships through empathy, respect and care, creating CREDO lasting value for all. “I am Blue Star. I take pride in REACH FOR THE STARS delivering a world-class We embrace growth through courage, innovation and resilience - turning challenges into opportunities and aspirations into achievements. customer experience.” ONE BLUE We collaborate across boundaries and combine our strengths for collective success. More than 8 Decades – A Growth Journey 1943 1947 11996699 1R9e7v7e 1993 1EB 99IT 7DA 20E 0B 5IT -0D 7A Margin Margin Earnings before Earnings before Started Enters South- Mohan T Advani LLiisstteedd oonn Forays into New Seintt eurpes wt, toarxleds, inSteerte sutp, t axes, Central Air East Asia with founds Blue Star BBoommbbaayy Middle East element cdlaespsre Dciaatidorna, fdaecptroercyia tiino n, Conditioning Arab MNaelawys ian and and at the peak of SSttoocckk Markets Factory Himachal & System Design Joinet lVeemnetunrte amortization. amortization. World War II EExxcchhaannggee Wada and Execution 2024 2023 2022 2019 2017 2012 2011 Enhanced Chiller Started Set up Wholly Engaged Received its Set up Plant Entered portfolio by commercial owned ‘Virat Kohli’ as a first patent in in residential launching Data- production at Subsidiary in Brand R&D Ahmedabad segment with a center, Brine & Sri City Factory North America Ambassador range of Room Centrifugal chillers and Europe AC Long way ahead………. Snapshot Maintains c. 2 million Key end-markets, including Air conditioning, Commenced operations in tonnes of air conditioning Residential, Commercial, Refrigeration and MEP 1943, with c. 80 years of and refrigeration Industrial, and solution provider operations in India equipment Infrastructure. 7 manufacturing facilities in Presence in 18+ countries India with 4000+ Channel & Plans to strengthen Partners presence in USA, Europe R&D Manufacturing Trading EPC Contractor After-sales Integrated Business Model Strong governance is the key pillar of Blue Star through out its existence Chairmen Emeriti Ashok M Advani Suneel M Advani Board of Directors Vir S Advani* B Thiagarajan* Mohit Sud* Chairman & Managing Director Managing Director Executive Director Rajiv R Lulla Sunaina Murthy Dinesh Vaswani M S Unnikrishnan Anil Harish Anita Ramachandran G Murlidhar Vipin Sondhi Nikhilesh Panchal Non-Executive Director Non-Executive Director Non-Executive Director Independent Director Independent Director Independent Director Independent Director Independent Director Independent Director * Also a key management personnel (KMP) 6 Where Cooling Solutions are shaped Manufacturing Facilities Location: Himachal Pradesh 2 Location: Himachal Pradesh 1 Started in: 2011 Started in: 2005 Ahmedabad Started in: 2012 Dadra Location: Sri City Started in: 1997 Started in: 2023 Wada Started in: 2007 Financial Highlights – Q2FY27 Financial highlights – Q2FY27 Revenue from operations EBITDA (excl. other income) Profit before tax (bei)^ ₹2,930.95 cr ₹202.58 cr ₹134.28 cr ▲ 21.0% Q2FY26: ₹2,422.37 cr ▲ 10.5% Q2FY26: ₹183.41 cr ▲ 1.6% Q2FY26: ₹132.16 cr Net profit# Earnings per share*# Carried-forward order book ₹123.91 cr ₹6.03 ₹7,229.22 cr ▲ 25.4% Q2FY26: ₹98.78 cr ▲ 25.4% Q2FY26: ₹4.80 ▲ 1.5% 30 Sep 2026: ₹7,120.44 cr ^Before exceptional items # Includes exceptional gain of ₹23.02 cr on sale of the MedTech business *Not annualised Segment Overview – Q2FY27 Segment 1 – Electro-Mechanical Projects and Commercial Air Conditioning Systems Revenue Segment result EBIT margin ₹1,935.99 cr ▲ 16.3% ₹133.15 cr ▼ 9.5% 6.9% ▼ 190 bps Q2FY26: ₹1,664.21 cr Q2FY26: ₹147.14 cr Q2FY26: 8.8%  Robust revenue growth in product business while it remained subdued in project business due to execution delays.  Since material cost escalations could not be fully passed on margin remained under pressure.  US heat pump supplies continued despite supply chain and logistics challenges, supported by growing market acceptance.  Order enquiry remains strong, we expect significant growth in order inflows. Segment 2 – Unitary Products Revenue Segment result EBIT margin ₹897.66 cr ▲ 29.4% ₹20.74 cr ▼ 51.4% 2.3% ▼ 390 bps Q2FY26: ₹693.81 cr Q2FY26: ₹42.72 cr Q2FY26: 6.2%  An extended summer supported strong demand for Room ACs.  Despite periodic price increases, only part of the material cost escalation could be passed on, keeping margins under pressure.  Commercial Refrigeration business has begun to see revival in demand in key product categories like Deep Freezers, Bottled Water Dispensers and Storage Water Coolers. Segment 3 – Professional Equipment & Industrial Solutions Revenue Segment result EBIT margin ₹97.30 cr ▲ 51.2% ₹23.10 cr ▲ 274.4% 23.7% ▲ 1410 bps Q2FY26: ₹64.35 cr Q2FY26: ₹6.17 cr Q2FY26: 9.6%  The Company completed the sale of its MedTech business on August 31, 2026.  The write-back of warranty provisions, owing to the cessation of MedTech product-rela [Showing first 8,000 characters — download PDF for full document]